[LINK] Age: 'Reserve Bank could scuttle eBay's plans'

[Scott Howard]

On Wed, Apr 23, 2008 at 3:47 AM, Glen Turner <gdt at gdt.id.au> wrote:
> > The Central Bank has long called for buyers and sellers to have as much
> choice as possible in what payment systems they use and strongly opposes any
> moves that reduce competition in the market.
>
>  Whatever happened to the concept of "legal tender"?

Legal Tender rules only apply where there is no agreement beforehand
as to how payment is to be made.

eg, many places will not accept cash for payment (try paying Rent with
cash!), but as long as that's what has been agreed to previously then
it's completely legal and "legal tender" rules are not relevant.

  Scott.